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April 524 May 565 Production (units) June 557 July 537 Each finished unit requires four pounds of raw materials and the company wants to end

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April 524 May 565 Production (units) June 557 July 537 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 40% of next month's production needs. Beginning raw materials inventory for April was 838 pounds. Assume direct materials cost $6 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) ZIRA CO. Direct Materials Budget For April, May, and June April 524 May 565 4 4 4 Budgeted production (units) Materials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (lbs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (lbs.) Cost per Ib. Total budgeted direct materials cost 1,130 3,750 1,048 2,702 6 $ 10,808 $ 4 1,114 3,939 1,130 2,809 6 $ 11,236 $ June 557 units 4 lbs. 2,785 lbs. 1,074 lbs. 3,859 lbs. 1,114 lbs. 2,745 lbs. 6 per lb. 10,980 $ $

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